Seeks to track, before fees and expenses, the Nasdaq Victory Dividend Accelerator Index.
The Index starts with stocks in the Nasdaq US Large Mid Index, which are ranked using a 15 factor composite scoring model. The index then selects 75 stocks: 1) the top 50 scoring securities with 20+ years of dividend growth; 2) the top 15 scoring securities with 10-19 years of dividend growth; 3) the top 10 scoring securities with 5-9 years of dividend growth.
ETF Information
Sponsor: Victory Shares
Category1: US Equity
Category2: Broad market
Category3: Large and mid cap
Morningstar category: Large Blend Leverage factor: 1.00 Inception date: 04/17/2017
Index tracking method:
Passive replication
Current yield: 1.79%
Historical average yield: 1.65%
Market cap: $221,108,970
Average volume: 18,928
Fees: 0.3500%
Index InformationNasdaq Victory Dividend Accelerator Index Index symbol: NQVDIV
Provider: NASDAQ OMX Total return index symbol: NQVDIVT
Index weighting: Market capitalization Index inception date: 03/31/2017
Backtesting data exists:
Yes
Number of holdings: 75
Strategy: Multi-factor investing
Factors used to select securities: